Fjord Defence Group ASA

Annual Report • Mar 30, 2023

Carbon Transition 2022 annual report

Carbon Transition 2022 annual report

Oslo, 30 March 2023

The Board of Directors of Carbon Transition ASA has approved the financial statements for 2022 for both the group and the parent company. The financial statements were prepared in accordance with IFRS. There are no changes to the financial statements compared with the preliminary results published 22 February 2023.

In addition, the company presents its remuneration report for 2022.

For further information, please contact:

Nils Haugestad, Interim CEO & CFO

nils.haugestad@carbn.no

+47 977 04 439

About Carbon Transition

Carbon Transition ASA ("CARBN") is an investment company listed on Euronext Expand. CARBN comprises an OBN multi-client company and an investment arm. The company may invest broadly in listed companies as well as companies expected to be listed in the near term.

More information on www.carbn.no

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.